3277 Sterns Rd, Lambertville, MI 48144
For Lease
This exceptional commercial property, located at 3277 W Sterns Rd, Lambertville, MI 48144, presents a rare ground lease opportunity in a highly desirable area. The 0.5-acre lot, zoned commercial (APN: 02 032 055 10), boasts a 2,311 square foot single-story building, formerly used as a veterinary clinic. Its prime location at the main intersection of W Sterns Rd and Secor places it amidst a thriving retail environment. National retailers such as Arby's, Tropical Smoothie Cafe, Walgreens, Huntington Bank, Taco Bell, Tractor Supply, and Burger King are in close proximity, ensuring high visibility and foot traffic. The property is available immediately, offering a monthly lease rate of $5,500. This is an excellent chance to establish a business in a bustling Michigan suburb, just north of Toledo, Ohio. The property is suitable for a variety of commercial uses given its zoning and location. The single-tenant building offers a solid foundation for redevelopment or immediate occupancy. Don't miss this opportunity to secure a prominent position in this dynamic commercial corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.